NioCorp Developments Ltd.

So I, I mentioned this conference I'm going to next week.

Uh, the two lead sponsors of that are NioCorp and US Antimony, and, uh, I was doing a little bit of research on these two companies in advance of this and, uh, they...

These were darlings.

They've raised a lot of money.

Um, I think Donald Trump mentioned NioCorp by name as part of the midterm campaigns, and then John Jovanovich, who's the Ex-Im Bank, um, sat at a table in Nebraska next to NioCorp's CEO this week, right? So, like, the bully pulpit, uh, typically is positive for these stocks, but NioCorp is down 45% year to date, 61% on a one-year basis, and I think even 25% just in the past three months.

And US Antimony is down 53% year to date, you know, and 48% in the past three months.

So I'm just wondering, it's not just lithium, it's this critical mineral trait.

It, it has, and it hasn't.

And yes, I was indeed instrumental in that.

Uh, then founded another company called NioCorp, what is now called NioCorp, uh, which I'm very proud of.

It's, uh, um...

They're building a mine in Nebraska, the largest niobium mine outside of Brazil, and right in the heart, I mean, almost the dead geographic center of the United States.

So I'm also very happy and proud to be associated with, with that company.

Uh, it's ESAF on your dial, uh, on the Toronto Stock Exchange.

Um, Niobium, or, or NioCorp, by the way, is NB, uh, Norman Brother on, uh, or Norman Bravo, uh, on the, on the Nasdaq.

And, uh, Uranium Energy Corp. is UEC on the New York Stock Exchange.

So that's what I will do.

But I've always had a very strong opinion that the best way to create value in a company is to do what we're doing at NioCorp right now, which is de-risk it from all the technical aspects that it needs to be de-risked from, get the financing in place, build the actual operations, in this case, underground and above ground facilities, get it operating and performing like our feasibility study that we just issued in August suggests that it can perform at, that's value in my mind.

And if we have that level of value creation, we're going to have all the opportunities that come naturally with well-run, well-operating companies.

Fair enough.

Canon is an exceptionally skilled entrepreneur, operator, financial professional.

He's a co-founder of Uranium Energy Corp, which is one of the largest uranium companies in the world, co-founder of NioCorp, which has access to one of the largest niobium reserves in the Western world, and certainly the largest in the continental United States.

And he built a small modular reactor company, which I kind of worked on the progenitor of this company that's called Terrestrial Energy, and it specializes in high temperature SMRs that also operate on low enriched uranium.

So it has a very practical and pragmatic supply chain.